Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Austria
Annual, Seasonally Adjusted
LRUN55FEATA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.67
Year-over-Year Change
5.01%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' series measures the civilian labor force participation rate in the United States. This key economic indicator provides insights into the size and composition of the active workforce.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The civilian labor force participation rate represents the proportion of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It is a widely followed metric for assessing the strength and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely watched by policymakers, economists, and investors to gauge the health of the overall economy.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- The rate has declined from a high of 67.3% in 2000.
- Participation is lower among older workers and those with disabilities.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the civilian labor force participation rate, which is the proportion of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and dynamics of the U.S. labor market, providing insights into the size and composition of the active workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely watched by policymakers, economists, and investors to gauge the overall health of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a brief delay, and may be subject to revisions as additional survey information becomes available.
Related Trends
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Austria
IDSGAMNIAOAT
Infra-Annual Labor Statistics: Inactivity Rate Male: From 55 to 64 Years for Austria
LRIN55MAATA156S
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Austria
AUTGDPNADSMEI
Value Traded of Top 10 Traded Companies to Total Value Traded for Austria
DDAM01ATA156NWDB
Stock Market Turnover Ratio (Value Traded/Capitalization) for Austria
DDEM01ATA156NWDB
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Austria
LFIN64MAATA647N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN55FEATA156S), retrieved from FRED.